GlobalCapital plc – Half-Yearly Report
The company registered a profit before tax of €1.8 million, compared to €1.2 million registered in 2015. Commission and fees receivable for the period under review amounted to €1.3 million a decline of 5.5% from 2015.
The increase in the profitability of the business resulted from 15% decrease in administrative expenses and an increase of 57% in the value in force business. Earnings per share increased to €0.037.
The Directors do not recommend the payment of an interim dividend.
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